4035 Inglewood Boulevard
Los Angeles, CA 90066
0.14 acres | #OC24239346
Description
Amazing bread and butter, prime Mar Vista 8-unit (two non- confirming) property. The property boasts a favorable unit mix of two 0+1, one 1+1, three 2+1, one 2+2, and one 3+2. Half of the units are fully furnished and operating on month-to-month leases. Huge upside potential to renovate and increase rents as four furnished units can be delivered vacant. (0+1, 1+1, 2+1, 2+2) Complete retrofit plans are included with an ADU option (new 2+1 unit) which will be provided at COE. This is projected to increase revenue by $28.8K per year. (Work not started, ADU and Retrofit plans cost $34K so far. Permit not yet pulled) Property is master metered for water, has 6 parking spaces and laundry room onsite with leased washer and dryer.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$3,000,000
- MLS #OC24239346
- MLS #OC24239346
- Property SubtypeApartment
- Cost2750000
- Acres0.1378
- Utility SourcePublic
- Year Built1959
- Stories2
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Michael Brooks (#OCBROOMIC)
Listing Office: Keller Williams Realty- YL/ AH (#OC2445)
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